Can the conveyancing solicitors via your comparison service conduct attended exchange conveyancing in Southampton?
There are a few conveyancing specialists carrying out one day exchanges. You should e-mail us to receive a conveyancing quote and details as to dates.
What does my ID and proof of funds have anything to do with my conveyancing in Southampton? Why is this being asked of me?
Southampton conveyancing solicitors as well as nationwide property lawyers accross the UK have an obligation under money laundering regulations to check the ID of any client in order to satisfy themselves that clients are who they say they are.
Conveyancing clients will need to provide two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (typically a Bank Statement no older than three months).
Evidence of source of monies is also required under the money laundering regulations as lawyers are obliged to check that the monies you are utilising to acquire a property (whether it be the deposit for exchange or the total purchase monies if you are a cash purchaser) has come from a reputable source (such as employment savings) rather than the fruits of criminal behaviour.
Have just purchased a repossessed house at auction in Southampton. Conveyancing is necessary. What is next?
Having for in every practical sense signed on the dotted line you must appoint a conveyancing practitioner as a matter of urgency as you are faced with a tight a fixed date to complete the property. All auction property will ordinarily have an associated legal pack. This should include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the auction pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to a leasehold property. You must give this to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that that you have the requisite funding in order to complete the transaction on the set completion date.
It is not clear whether my bank requires a lease extension. I have called my Southampton building society branch on numerous occasions and was told it does not affect the mortgage offer and they would lend. My Southampton conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend based on their published requirements. Who do I believe?
The conveyancing practitioner has to comply with the Council of Mortgage Lenders’ Handbook section two conditions for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
I was told two weeks ago that my mortgage has been agreed to by Bank of Ireland. Is it usual for Bank of Ireland to only issue the offer once my solicitor in Southampton is approved on their conveyancing panel? Bank of Ireland have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
Just acquired a detached house in Southampton , how long should it take for the Land Registry to deal with the formalities evidencing my title? My Southampton conveyancing solicitor works at snail pace, so I want to be certain that my name is recorded.
There is nothing unique about conveyancing in Southampton registration formalities. Rather than based on location, timeframes can differ according to the party submitting the application, whether there are errors and whether the Land registry need to notify any third parties. At present roughly three quarters of such applications are fully dealt with in less than three weeks but some can be subject to protracted delays. Historically registration is effected once the buyer has moved in to the premises therefore 'speed' is not always top priority yet if there is a degree of urgency associated with the registration then you or your conveyancer must communicate with the Registry to express the reasoning for the application to be prioritised.
Is it simple use your search app to select a conveyancing solicitor in Southampton on the approved list for my lender?
Step one is to pick a lender such as Lloyds TSB Bank, Coventry Building Society or Britannia then choose your preferred area such as Southampton. Conveyancing practices in Southampton and across England and Wales should be identified.
My parents cant seem to find their Southampton land registry title on the online search facility. They have a vague memory sixty years ago when they bought the bungalow there were complications with Southampton not being identified on some systems.
Almost all residences in Southampton should show up. Have you tried a search to simply the postcode. Normally it should reveal all the properties inside the postcode. Assuming the property is recorded it will show up with a title number. Where they bought sixty years ago it's conceivable it may be unregistered. The property might still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title papers which could be with your parent’s lender.